MacroVoices · Thursday, October 29, 2026
Luke Gromen argues that Iran possesses more leverage than the Western narrative acknowledges because its goal is not to defeat the U.S. militarily, but to outlast the bond market by exploiting the imbalance between U.S. air defense missile expenditure and replenishment rates.
“Iran has more leverage than the Western narrative suggests. Because Iran doesn't have to beat the U.S., it just has to beat the bond market.”
“The Americans burn 200 to 300 missiles a month. The Americans can only replace 100 missiles a month. The Americans are going to run out of air defense missiles on X date”